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Klinc Company Klinc Company uses a perpetual inventory system and had the following inventory transactions for the month of June June 1 5700 $1,725 On

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Klinc Company Klinc Company uses a perpetual inventory system and had the following inventory transactions for the month of June June 1 5700 $1,725 On hand, 50 units at $14.00 each Purchased 115 units at $15 each Sold 100 units Purchased 75 units at 516 each Sold 50 units Total cost of goods available for sale On hand. 90 units $1,200 30 55.625 The June 30th inventory included 45 units from the June 4th purchase and 45 units from the June 10th purchase. Refer to the information provided for Klinc Company. What is the cost of goods sold for June under the specific identification method? a $1,575 b. $2,230 C. $1,450 d. $1,500

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